Description

Global Semiconductor Chip Handlers Market 2016-2020 Description

The robust demand for smart devices, along with growing IC applications in the automotive sector since 2010, has increased the demand for semiconductor chips in the market. This compels semiconductor manufacturers to boost their production capacities by adopting high-speed, high-precision chip handlers. The majority of chip handlers use pick-and-place, gravity-feed, turret, or test-in-strip technologies. The type of packaged device, test parallelism, thermal requirements, and signal interface requirements are the factors that determine the appropriate handling approach for testing.

Technavio’s analysts forecast the global semiconductor chip handler market to grow at a CAGR of 4.47% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global semiconductor chip handler market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the sales of automated test equipment and the contribution of chip handlers in the automated test equipment market.

The market is divided into the following segments based on geography:

APAC

Europe

North America

ROW

Technavio's report, Global Semiconductor Chip Handlers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Seiko Epson Corporation

Multitest

ASM Pacific Technology

Cohu

Advantest

Boston Semi Equipment

Other prominent vendors

CST

Exatron

Hon Technologies

SRM Integration

SYNAX

Xeltek

Market driver

Growing adoption of smartphones and tablets

For a full, detailed list, view our report

Market challenge

Rising costs and lack of testing standards

For a full, detailed list, view our report

Market trend

Increasing number of fabless semiconductor companies and test houses

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

Commenting on the report, an analyst from Technavio’s team said: “Increasing number of fabless semiconductor companies and test houses will be a major trend in this market. One of the main reasons behind semiconductor companies going fabless is to minimize the overheads involved in foundry operations and maintenance. The majority of semiconductor companies are designing and developing their solutions and outsourcing fabrication- and foundry-related functions to IC companies specialized in manufacturing, assembling, and testing.”

According to the report, one driver leading to the growth of this market is the miniaturization of electronic devices. The demand for compact electronic devices has been aggregating in sectors such as communication device, automotive, industrial manufacturing, and healthcare equipment. This has forced semiconductor IC manufacturers to invest in R&D to reduce the size and improve the performance of ICs, leading to the emergence of microelectromechanical systems (MEMS) and 3D stacked ICs based on through-silicon vias.

Further, the report states that the cyclical nature of semiconductor industry will be a major growth inhibiting factor for this market. The global semiconductor test market is highly dependent on the growth in the sales of semiconductor ICs, which, in turn, relies on the sales of electronic devices. Fluctuating demand for electronic products makes forecasting of the semiconductor market difficult, leading to oversupply or undersupply of semiconductor ICs. As a result, vendors need to meet varying demand for ICs as per their production capacities and maintain the demand-supply equation.